The Economic and Financial Crimes Commission (EFFC) has confiscated exotic cars including Benz ML 350, Chrysler 300 and Benz C350 from 22 suspected Yahoo Boys arrested in Delta State. Other items retrieved by the commission from the young boys aged 18 to 30 include laptop systems, iPhones, phones and ATM cards.
The arrest was done in a joint operation carried out by men from the Commission’s Abuja Headquarters Advance Fee Fraud Section and its Zonal Office in Benin, Edo State on Friday May 7, 2019.
The cars recovered from the suspected Yahoo Boys
EFCC officials had acted on intelligence reports made available to them. Swinging into action, they stormed the hideout of the suspects at Sapele in the early hours.
Previous day before the operation, Abuja operatives of the EFCC made an arrest of two suspected Yahoo Boys in Ugheli Delta State.
The arrest of the suspected internet fraudsters is an offshoot of the directives of the Commission’s acting Executive Chairman, Ibrahim Magu, to combat cyber crime in the country, bringing perpetrators of the crime to justice.
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Another section of the exotic Benz cars retrieved form the boys
The arrested suspects have made various statements that will be helpful when they are charged to court soon.
Internet fraud popularly referred to as Yahoo Yahoo is a menace among youths in the country, with many of them towing an easy path to wealth.
Yahoo boys arrested in the EFCC recent raid